“In 2017, we were faced with legislative initiatives the business environment was never consulted about. The business environment wants classical things, transparency, predictability, stability and equality regarding economic laws. Many of the measures taken in 2017 lacked logical reasoning”, said AOAR head Florin Pogonaru.
AOAR representatives also pointed out that Romanian firms need financing because of their fragile structure caused by a high indebtedness level and low profits.
AOAR proposes, among others, the fiscal consolidation for groups of Romanian firms, keeping the current VAT standard rate of 19%, returning to the income tax of 16%, from 10%, and establishing energy crops on unproductive lands.